Still deciding whether to buy your first home now or wait? Here’s something you’ll want to consider.
Buyers who get into their first home around age 30 build about $119,000 more in net worth by age 50 compared to those who wait until their 40s.
So, every year you spend saving for the “right” moment could quietly chip away at your future wealth.
That doesn’t mean buy before you’re ready. But it does mean, if you’re ready and able to buy now, it may be a better strategy than waiting.
DM me and let’s map out what timeline fits your situation and our market. You might find that a head start matters more than waiting to save the “perfect” down payment.
0 Comments